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The Nigerian stock market closed at 3,597 deals on Tuesday, September 15, 2020, higher than the 3,567 deals it closed with on Monday, September 14, 2020, while the volume reached 245.1 million units at the close of the market Tuesday, lower than the 257 million units it closed with on Monday.
The value of trades recorded on Tuesday was NGN3,013 billion, higher than the NGN3,320 billion of Monday. Meanwhile, on Tuesday, the All-Share Index reached 25,597.96 index points, lower than the 25,605.59 index points it ended trading with on Monday. The stock market also ended with NGN13,354 trillion equity capitalisation on Tuesday, higher than the NGN13,358 trillion of Monday.
Wapco led the top gainers' chart after its stock price gained NGN0.45 kobo to close trading at NGN13.5 kobo per share after opening today's trading with NGN13.05 per share, this is according to Nigerian Stock Exchange (NSE) market data seen by AllNews. Cap Plc was second on the table, as its stock price gained NGN0.2 to close the market with NGN17 per share, having started trading today with NGN16.8 kobo per share.
Ikeja Hotel was the third top gainer as its stock price closed the market with 9.52% gain to move from the opening price of NGN0.84 kobo per share to NGN0.92 kobo per share. UAC Property came next, closing the market with a gain of 9.20% to end trading with NGN0.95 kobo per share from the opening share price of NGN0.87 kobo per share. Guinness was last on the top five gainers' table after its share price rose from NGN13.45 kobo per share to close trading at NGN13.5 kobo per share, after gaining 0.37%.
On the top of the losers' list is Seplat, which had begun trading earlier today at NGN390 per share, only to drop in price by NGN5 to close at NGN385 per share at the end of trading today. Red Star Express was second on the chart after closing at NGN3.52 kobo per share from its opening trade price of NGN3.75 kobo per share; this represents a drop of NGN-0.23 kobo. Dangote Sugar also recorded a drop in its share price as it declined by NGN-0.15 kobo to close trading at NGN11.9 kobo per share, below the NGN12.05 per share it opened with.
Oando closed the stock market at NGN2.25 kobo per share after shielding off NGN-0.13 kobo, to drop from the opening price of NGN2.38 kobo per share. NPF Microfinance Bank completed the top five losers chart after it closed trading with NGN1.25 kobo per share, declining by NGN-0.13 kobo from the NGN1.38 kobo per share it opened trading with.
AllNews learnt that the top trades in the stock market for today were First Bank, which traded a volume of over 51.4 million units worth NGN257.4 million. GTBank was the second most traded stock today with over 46.2 million units worth over NGN1.1 billion. Zenith Bank was next on the list, trading 18.7 million units worth NGN322.4 million.
Stanbic IBTC was the fourth on the most traded stock list, closing the market with over 15.9 million units traded at a cost of over NGN629.9 million, while Access Bank completed the top five list with over 14.2 million units traded today, worth NGN95.7 million.
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